According to the 2019 Survey of Consumer Finances (SCF), significant wealth disparities exist between families of different races and ethnicities, including between white households and Hispanic/Latino households. White families have a median wealth of $188,200, whereas Hispanic families have a median wealth of $36,100. Another way to look at the SCF data is that the average white family has five times the wealth of the average Hispanic family. READ MORE AT BROOKINGS
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Latinos, as well as other underrepresented groups, often face significant challenges and barriers to pursuing higher education. In reality, racial disparities and discrimination persist in numerous aspects of society, especially in higher education. There are disparities in college enrollment rates, graduation rates, access to resources, and representation among faculty and staff members. READ MORE AT THE BOSTON GLOBE
Latino Conservation Week kicks off this weekend with dozens of events in California and almost 300 meetups across the nation. The program started ten years ago with just 16 events, meant to get the Hispanic community outdoors and motivated to protect the environment.
Next month, the Hispanic Access Foundation will launch an air-quality monitoring program called "El Aire que Respiramos", which means "The air we breathe." It is a collaboration with the Environmental Protection Agency that will pl
Radio is immensely popular among US Latinos. According to Nielsen, broadcast radio leads all other platforms in reaching Latino audiences on a monthly basis. In 2022, 97 per cent of US Latinos tuned in to radio each month, compared to 92 per cent of the general population. From 2017 to 2022, live TV viewership declined 13 per cent among Latinos to 84 per cent.
Spanish is also the US’s most common non-English language, spoken by nearly 50mn people in the country — 12 times greater than the next
Cisco Systems, the multinational tech giant based in San Jose, has no Latino on its board of directors. Ditto for Intel, the world’s largest semiconductor manufacturer, headquartered in Santa Clara, Calif.
Ditto for Tesla — which moved offices to Austin, Texas, from Palo Alto last year — and for a host of other Fortune 100 companies with millions of Latino customers, employees and suppliers. Among them: Amazon, FedEx, Albertsons, Kroger, Walgreens Boots Alliance, Exxon Mobil, Citigroup, JPMorga
A recent data analysis of the 2020 census shows the number of Latino children in the U.S. grew by more than 1 million in a 10-year period.
The analysis, conducted by the U.S. Census Bureau, offers additional insight into the U.S. population and the ways it has changed since the previous census in 2010. Researchers found that 25.7% (18.8 million) of all U.S. children under 18 were of Latino origin in 2020, up from 23.1% (17.1 million) in 2010.
The Latino population also saw an increase in their
Hispanics are now confirmed as the largest demographic group in Texas with more than 12 million residents, while non-Hispanic white population is estimated to be 11.9 million, according to new data from the Census Bureau.
Texas added 262,000 new white residents, as well as about 223,000 Hispanic residents from July 2021 to July 2022, but overall Hispanic population outnumbered white population by 128,938 people. READ MORE AT THE DALLAS MORNING NEWS
The Illinois Office of Tourism recognizes the rich diversity across the state, and as Pride Month approaches, it’s developed a guide highlighting the various activities throughout the month. Illinois has significant historical and educational opportunities for residents and visitors to engage in during the month, in addition to various celebrations across the state.
The guide offers Illinois residents and visitors alike opportunities to celebrate and support the LGBTQ+ community throughout
A recent study finds the financial capability of Latinos improved over the last decade, but obstacles to Latino wealth remain.
Between 2009 and 2021, the number of Latinos reporting that they had set aside some amount of emergency savings nearly doubled, from 29% in 2009 to 48% in 2021. On the whole, Latino adults reported they were “better able to manage everyday money matters” and experienced less “financial fragility” in 2021 compared to 2009. READ MORE AT MARKETWATCH
Over the last decade and a half, Latinos have created companies faster than all other demographic groups in the U.S. These companies are younger and consequently smaller than the average business. However, when compared to white-owned businesses, they grow revenues and create jobs at faster rates for all Americans, not just Latinos. If U.S. Latinos were a country, it would be the fifth largest GDP in the world, growing faster than the U.S. economy. READ MORE AT STANFORD GRADUATE SCHOOL OF BUSIN
Hollywood companies are facing a series of challenges, including technology disruption, increasing competition, online piracy, economic slowdown, and, importantly, the pressure to demonstrate a continuous growth trajectory. By ignoring the U.S. Latino consumer group, Hollywood may also risk alienating the major source of demographic growth in the country for years to come.
It's time to make Latinos visible again, behind the cameras, in leading roles, and as decision-makers at the C-suites. Holl
Some educators and advocates say the best way to break the cycle of poverty is by accessing well-paid STEM jobs, as well as the many scholarships that go unawarded each year due to a lack of applicants. In some places, the door seems tightly shut. In Silicon Valley, for example, where the largest number of STEM jobs in the country are concentrated, and where the Latino population is almost 50 percent, less than 3 percent of high-tech, high-wage jobs are filled by Latino professionals. READ MORE
The nation’s fast-growing Hispanic population made dramatic strides in educational attainment in recent decades — especially among younger age groups. The number of people of Hispanic or Latino origin (referred to as the Hispanic population in this article) more than quadrupled from 14.6 million 1980 to 62.1 million 2021, and their share of the U.S. population jumped from 6.2% to 18.7%.
As the Hispanic population grew so did its educational attainment, especially high school graduation rates. I
Data shows Afro Latinos have higher educational attainment rates but fewer markers of financial success when compared to other Latinos. Nearly 80% of Afro Latinos are U.S. born, compared to less than of 65% of other Latinos, and they skew younger too.
An analysis of the data in a report by UCLA's Latino Policy and Politics Institute is among the first to delve into the differences and disparities between Afro Latinos and Latinos who are not Black. Researchers say highlighting the differences is
Over the past decade, Minnesota has seen a 38% increase in residents who identify as Latino or Hispanic. Amid a tight labor market, a new report suggests they could play a big role in bolstering the region's workforce.
This spring, the state Department of Economic and Employment Development issued findings that lay out opportunities and challenges for this population when it comes to economic well-being. For example, Latinos have the highest regional labor force participation rate of any race o
While Americans have embraced Mexican food and beverages, American businesses have a long way to go to understand Hispanic and Latino consumers and their $2+ trillion spending power. Latino consumers are very comfortable holding and expressing the two sides of their identity, or even more depending upon their parents and grandparents’ countries of origin. But that creates challenges for brands and retailers that want a one-size-fits-all way to classify and communicate with the Latino consumer s
This month, Republicans who control the Arizona fractious Legislature came together with Democrats in a moment of unusual bipartisan accord. They passed a bill that would let Arizona’s home cooks register with the state to legally sell perishable foods like salsas and tamales.
But Katie Hobbs, the state’s new Democratic governor, vetoed the measure last week, citing concerns about the potential for food-borne illnesses, as well as rats and insects in home kitchens. Her veto set off a ferocious
The dream of homeownership is one shared by many Americans - yet it's a goal too often out of reach for people of color, said Otis Rolley, president of the Wells Fargo Foundation and head of Philanthropy and Community Impact. The reasons for the homeownership gap are many - including historic redlining, challenges to accessing credit and capital, public policy, and the real estate industry intentionally steering people of color away from certain communities and neighborhoods. READ MORE AT MORNI
Zócalo Health, the healthcare company reinventing primary care delivery and care navigation for the Latino patient, announced today its collaboration with Mark Cuban Cost Plus Drug Company, PBC (Cost Plus Drugs) to focus on improving access to all medications available through Cost Plus Drugs. Zócalo Health, launched in 2021, is focused on removing barriers to quality primary care for Latino patients. All users of Zócalo Health will have access to Cost Plus Drugs' prescriptions through membersh
Griselda Aldrete’s career path has been a journey. A native of Milwaukee, she has never shied away from opportunities and challenges in the things she has set out to do. She has plied her considerable talent in the non-profit, government, corporate and now legal realms. She served as President and CEO of Hispanic Professionals of Greater Milwaukee (HPGM) for eight years where she grew the organization’s footprint, budget and brand. She then led the City of Milwaukee’s Fire and Police Commission